Cattle producers buoyed by continued global beef trade growth
Global beef trade is poised for growth over the next five years with demand from Asia as China becomes the top importer It’s no longer just a coincidence that for the past 20 years beef cattle producers have been going about their business with more confidence than any other farming sector. And that trend looks […]
Livestock market price fluctuations are keeping farmers awake at night
Producers are confused about the value of their livestock pens for good reason according to a report that reveals just how highly volatile pricing can be Livestock producers have been facing an unprecedented period of market volatility over recent years, with swings in cattle and sheep prices reaching record extremes according to new research. In […]
Beef exports are at record-breaking levels and rising
Beef producers are flat out keeping up with the high demand for Aussie beef with many world markets clambering for our product A combination of stronger global beef markets, favourable seasonal conditions in key beef-producing regions and higher local cattle inventory is supporting record-breaking production volumes, according to a research report by agribusiness banking specialist […]
Cattle market is in balance with price upside potential ahead
With the Bureau declaring El Niño is over it’s expected beef prices will be relatively stable in 2024 trading in a band between 600 to 750c/kg cwt The cattle market is sitting in a “state of balance” – with improved beef production waiting on an increase in demand – while an upside in prices is […]
Livestock prices to be impacted by very high production numbers
With a mountain of supply flooding the market coupled with drier conditions Rabobank suggests some farmers will be counting numbers in their sleep Local sheep, cattle and goat markets are being impacted by very high production numbers, compounded by already large volumes of meat in congested supply chains, according to agricultural analysts at Rabobank. For […]
Cattle producers may have to contend with short term price drops
However the longer-term outlook is more positive as a decline in US supply could provide greater export opportunities Analysts are tipping cattle prices will remain under some downward pressure for the next few months, and for many, that’s simply a continuation of the steady decline seen in recent weeks according to Rural Bank. The Eastern […]
Cattle numbers provide basis for beef production to rise in the second half of 2022
Consumer demand is expected to remain firm, while restocker demand is strong but overall cattle prices could marginally ease in second term of 2022 Local beef production is forecast to increase by 4.5% during 2022 according to Meat and Livestock Australia (MLA), as reported in the Rural Bank’s Australian agriculture mid-year outlook. This result is […]
High cattle prices have the potential to squeeze beef processors
The ongoing record levels of cattle prices could increasingly put pressure on meat processors heading into 2022. According to ANZ’s latest Agri Commodity Report, with the growth in cattle prices exceeding the rise in retail beef prices, margins for some of Australia’s meat processors could tighten considerably in coming months. “On their own, the high […]
ANZ commodity report shows agriculture holding up well
ANZ’s latest commodity report reveals Australia’s agriculture sector is faring better than other industries as ‘panic buying’ from consumers during the coronavirus pandemic boosted products including wheat, grains and beef. Some segments have been adversely affected though, including the wine, seafood and wool industries that rely heavily on China. The impact of the pandemic has […]